2545 Riverchase WayGrand PrairieTX75054
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Grand Prairie at 2545 Riverchase Way, Grand Prairie, TX, 75054 priced at $756,950 converts $5,354/mo rent into after a $3,705/mo obligation. Total monthly income equals $5,354/mo. Return on cash invested prints 19.58% in year one, and rental yield reads 8.49% against a $756,950 entry. Equity gained on principal adds $4,884/yr, while 5% annual appreciation compiles into $209,131 by year five. Five-year ROI reaches 102.37% and total cumulative return in cash sums $254,932. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,354/mo property income covering a $3,705/mo payment, not borrower’s personal income.
Single Family
Built in 2023
0.25 Acres lot
$N/A/sqft
$540 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75054, Grand Prairie, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,871 (100%) |
| Owner Occupied HU | 4,774 (81.3%) |
| Renter Occupied HU | 957 (16.3%) |
| Vacant Housing Units | 140 ( 2.4%) |
| Median Home Value | $446,307 |
| Average Home Value | $471,322 |
Housing Distribution
Address Breakdown
Residential
5,920
Single Family
4,747
Multi-Family
1,173
Businesses
440
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ben Caballero • HomesUSA.com
Mls Name: NTREIS
Mls ID: #20496525
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.